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Study of Prof. Dr. Arndt Bröder

The study shows that financial incentives encourage people to overestimate their own memory.

In a new study, Prof Dr Arndt Bröder and colleagues investigate the effects of incentives on the assessment of one's own memory performance. The experiments show that financial incentives only minimally improve the accuracy of these assessments, but at the same time lead to excessive self-overestimation. The results suggest that financial incentives in memory assessment studies have more disadvantages than advantages and should therefore be used with caution.

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